Population and Economic Growth: Ancient and Moderns
Elise Brezis () and
Warren Young ()
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Warren Young: Bar-Ilan University
No 2013-10, Working Papers from Bar-Ilan University, Department of Economics
This paper focuses on the evolution of the relationship between population and economic growth from Hume to New Growth Theory. In the paper, we show that there were two main views on the subject. There were those who assumed that the relationship between fertility rates and income was positive. On the other hand, there were those who raised the possibility that this linkage did not occur, and they emphasized that an increase in income did not necessarily lead to having more children. The paper will show that their position on the issue was related to a socio-economic fact: the sibship size effect. We show that those who took the view that an increase in income leads to the desire to have more children, did not take into consideration a sibship size effect, while those maintaining that there existed a negative relationship, introduced into their utility function a sibship size effect.
Keywords: Population; Economic Growth; Sibship size effect; children; fertility rates. (search for similar items in EconPapers)
JEL-codes: B10 D10 J13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-evo and nep-hpe
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Journal Article: Population and economic growth: Ancient and modern (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:biu:wpaper:2013-10
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